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Nonprofiteer
← THE YWCA RETIREMENT FUND INC

Form 990 for tax year 2022

Filed by THE YWCA RETIREMENT FUND INC.

Totals

Total revenue
$18,633,090
Total expenses
$34,603,136
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$14,813,641
Investment income
$3,819,449
Other revenue
$0
Total assets, end of year
$370,541,445
Total liabilities, end of year
$8,373,180
Net assets or fund balances, end of year
$362,168,265
Program services expenses (Part IX)
$26,629,150
Management and general expenses
$7,973,986
Fundraising expenses
$0
Program service expenses (Part III)
$26,629,150

Program services were 77.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Elliott Buchholz

    Chief Executive Officer

    Total calculated
    $403,303
    From this org
    $343,000
    From related orgs
    $0
    Other
    $60,303
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $343,000
    Bonus
    $0
    Other
    $0
    Deferred
    $30,692
    Nontaxable benefits
    $29,611
    Filer's total
    $403,303

  • Joseph DeRocchis

    Chief Financial Officer / Chief Operating Officer

    Total calculated
    $318,577
    From this org
    $262,723
    From related orgs
    $0
    Other
    $55,854
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $262,723
    Bonus
    $0
    Other
    $0
    Deferred
    $26,272
    Nontaxable benefits
    $29,582
    Filer's total
    $318,577

  • Guedner Villette

    Systems manager

    Total calculated
    $235,537
    From this org
    $202,951
    From related orgs
    $0
    Other
    $32,586
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $202,951
    Bonus
    $0
    Other
    $0
    Deferred
    $20,295
    Nontaxable benefits
    $12,291
    Filer's total
    $235,537

  • Paul Li

    Programmer

    Total calculated
    $222,849
    From this org
    $183,559
    From related orgs
    $0
    Other
    $39,290
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $183,559
    Bonus
    $0
    Other
    $0
    Deferred
    $18,356
    Nontaxable benefits
    $20,934
    Filer's total
    $222,849

  • Michael Sangregorio

    Controller

    Total calculated
    $204,501
    From this org
    $159,628
    From related orgs
    $0
    Other
    $44,873
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $159,628
    Bonus
    $0
    Other
    $0
    Deferred
    $15,963
    Nontaxable benefits
    $28,911
    Filer's total
    $204,502

  • Josephine Chow

    Contributions Manager

    Total calculated
    $189,943
    From this org
    $161,890
    From related orgs
    $0
    Other
    $28,053
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $161,860
    Bonus
    $0
    Other
    $0
    Deferred
    $16,186
    Nontaxable benefits
    $11,867
    Filer's total
    $189,913

  • Sharon Anderson

    Benefits Manager

    Total calculated
    $184,544
    From this org
    $157,601
    From related orgs
    $0
    Other
    $26,943
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $157,601
    Bonus
    $0
    Other
    $0
    Deferred
    $15,760
    Nontaxable benefits
    $11,182
    Filer's total
    $184,543

  • Deborah G Ullman

    President

    Total calculated
    $0
    Hours/week
    2

  • Jan C Stewart

    Vice President

    Total calculated
    $0
    Hours/week
    2

  • Margaret S Neilly

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Jacqueline W Bostic

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Barbara B Glass

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Kathleen Granchelli

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Margaret Mitchell

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Diana Gibson

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Sondra Vitols

    Board Member

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a
Fund policy generally requires that Coach/Economy Class be booked for both air and rail travel. For air travel, business/first class is allowable for reasons of health (upon determination by Fund management) and for flights exceeding three hours. For rail travel, Fund policy generally requires Coach class be booked. However, in instances where Coach class is not available, Business class is allowable.
Schedule J, Part I, Line 3
The Operations & Benefits Committee (the Committee) of the Board of Trustees obtained a salary survey from an independent compensation consulting firm for all employee positions of comparable organizations. The survey was reviewed by the Committee. The survey is also used to support the recommendation of the CEO's salary which is recommended to the full Board of Trustees who have final approval for the proposed salary. For key employee positions, the Committee reviews salary ranges with the CEO who recommends salaries for the Committee to consider.
Schedule J, Part I, Line 4
Elliott Buchholz, Joseph DeRocchis and Betty Jo Lesonsky, a former employee, are the only participants in the Fund's 457 deferred compensation plan. Also, employees are given the option to participate in a 403(b) plan that is funded solely through employee salary deferrals.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • YWCA OF THE USA

    501(c) (3) · To eliminate racism, empower women, and promote peace, justice, freedom, & dignity. · DC

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202323189349307712

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